Business takes resources, makes products out of them, and discards whatever is left over. This approach is known as:

A. cradle-to-grave approach.
B. open-loop production.
C. closed-loop production.
D. take-make-waste.


Answer: D

Business

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The question that individuals ask during the norming stage of group development is

A. "How do I fit in here?" B. "What do the others expect me to do?" C. "How can I best perform my role?" D. "What's next?" E. "What's my role here?"

Business

An employment contract that is in any way capable of being performed within one year from the date of the agreement falls within the requirements of the statute of frauds

a. True b. False Indicate whether the statement is true or false

Business

Applications of simulation models reflecting continuous distributions are more common than those of models employing discrete distributions

Indicate whether this statement is true or false.

Business

Guido and Hal want to rescind their contract under which Guido sold Hal a mountain bike for $100. To rescind the contract A) Guido must return the $100 and Hal must return the bike

B) Guido must return the $100 only. C) Hal must return the bike only. D) the parties can keep the "benefits" of their bargain.

Business